7 Years of Backtaxes
This client contacted us when they discovered 7 years of accounting had never been closed or had taxes filed.
They were in panic mode. They realized they were being deceived by one of the partners who was also not fulfilling his duties. They didn’t know what necessary documents had or hadn’t been filed or what was or wasn’t reported. They didn’t have access to the necessary documents to easily access pertinent information.
Core Growth Strategies put together a plan and worked closely with the partners to get all 7 years of their accounting done within 9 months including source documents, payroll documents, expenses, and assets. We also referred them to an amazing CPA who helped them file their returns, get them up-to-date, and assist in navigating through the challenges of managing back tax reporting and liability. We implemented a cloud business management strategy.
Today we manage all their accounting, payroll, and documentation. They are current on their taxes and have full access to their accounting and source documents. They took advantage of our knowledge of cloud technology and their financials are now at their fingertips.